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Intense Technologies announces a multiyear, managed services contract with a leading communications services provider. The engagement marks a transformative landmark deal for the company in terms of size, scale and duration. Under this agreement, the company will be working with the client to streamline business processes of customer onboarding, customer communications and data monetization opportunities.
Intense Technologies announces a multiyear, managed services contract with a leading communications services provider. The engagement marks a transformative landmark deal for the company in terms of size, scale and duration. Under this agreement, the company will be working with the client to streamline business processes of customer onboarding, customer communications and data monetization opportunities.
Intense Technologies announces a multiyear, managed services contract with a leading communications services provider. The engagement marks a transformative landmark deal for the company in terms of size, scale and duration. Under this agreement, the company will be working with the client to streamline business processes of customer onboarding, customer communications and data monetization opportunities.
Multi-year landmark agreement signed with leading communication service provider
for over Rs. 150 crore Strengthens credentials of UniServe as a platform to deliver digital transformation
Hyderabad June 28, 2016
Intense Technologies, a transnational enterprise software products company, has announced a multiyear, managed services contract with a leading communications services provider that enjoys a customer base of 100 million. The engagement marks a transformative landmark deal for the Company in terms of size, scale and duration. Under this agreement, the Company will be working with the client to streamline business processes of customer onboarding, customer communications and data monetization opportunities across all their physical and digital channels, thereby promoting the non-network customer experience processes. Todays announcement augments the financial visibility for Intense Technologies, by ensuring a predictable revenue inflow on a year on year basis. Although digital transformation is rooted in the improvement of business agility and efficiency, elevating customer experiences and providing seamless business operations is now also being given equal weightage by enterprises worldwide. The momentum continues to build in favour of agreements, such as the one signed by Intense Technologies today, which promises to deliver targeted value-addition to customers business processes without pursuing the legacy rip and replace route.
Commenting on development, C.K. Shastri, Chairman and Managing Director, Intense
Technologies, said, The new announcement that we have made today underlines the strength of UniServe as platform to digitalize mission critical business processes. The engagement is completely in sync with our future outlook and further enhances the credibility of our niche product offering. While we are proud to have been chosen for our superior technological competence, the contract also presents a substantial opportunity for us to deliver value upsides to the client. Todays engagement takes forward our belief in the SAAS or software as a service model, whereby we are in a position to drive revenue generation more consistently. This approach will help towards mitigating the risks associated with long selling cycles that are typically associated with enterprise software product industry. At Rs. 150 crore the deal quantum represents substantial accretion to our present topline. The agreement also bakes in further upsides through extended services and other value added solutions / services. With revenues from this engagement and annuity revenues from our existing customers, Intense Technologies is well on its way to grow exponentially. Not only will this give fillip to our new client acquisition thrust overseas, but also allow us to be more predictable with our revenue forecast. ---Ends---
Intense Technologies, A1, Vikrampuri, Secunderabad - 500 009, India
A1, Vikrampuri, Secunderabad, -500 009, India T : +91 40 44558585, 27849019, 27844551 F : +91 40 27819040 E : info@in10stech.com W : www.in10stech.com
About Intense Technologies
Intense Technologies Limited is a global enterprise software products company, headquartered in India with a strong and emerging presence in USA, LATAM, EMEA and APAC. Our enterprise software products are used globally by Fortune 500s for digital transformation of customer centric business processes resulting in improved revenues, greater customer centricity and reduced operational expenses. We serve customers in 35 countries across 4 continents, with a 70% market share in Telecom in South Asia. Today, we process 25 billion USD worth client revenue data and have a 500 million subscriber base across our engagements. Intense Technologies has sales offices in Singapore, UAE, USA and UK. For more information, visit www.in10stech.com BSE: 532326; ISIN: INE781A01025; Bloomberg: INTEC IN
Certain words and statements in this release concerning Intense Technologies and its prospects, and other statements, including those relating to Intense Technologies expected financial position, business strategy, the future development of Intense Technologies operations, and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, including financial, regulatory and environmental, as well as those relating to industry growth and trend projections, which may cause actual results, performance or achievements of Intense Technologies, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Intense Technologies will not in any way be responsible for action taken based on such forward-looking statements and undertakes no commitment to update these forward-looking statements publicly, to reflect changed realities.
Intense Technologies, A1, Vikrampuri, Secunderabad - 500 009, India